Lowe's calms nerves with profit forecast raise after Home Depot sales warning

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Go back to Lowe's calms nerves with profit forecast raise after Home Depot sales warning

Lowe's (LOW) PT Raised to $134 at RBC Capital; Remain 'Aggressive Buyers'

November 20, 2019 1:22 PM EST

RBC Capital analyst Scot Ciccarelli raised the price target on Lowe's (NYSE: LOW) to $134.00 (from $129.00) while maintaining a Outperform rating following results.

The analyst commented, "Lowes US comp results of +3% were a bit better than investor expectations following Home Depots report... More